Chicago Home Buzz Market Report
Good news for Lincoln Park single-family home owners!

We've just finished the latest Chicago Home Buzz second quarter market statistics for Chicago's near north side.

Our target report for this blog post is LINCOLN PARK Single-Family Homes:

Lincoln Park single-family home sales were off from the previous year with 397 units sold as compared with 650 in 2007. Sales volume is down 53.40% from 2007 at $183,581,212. Market time did increase to 116 days. There was a significant increase in the median sale price of homes up 8.06% from $399,950 to $435,000 for the quarter. That is a significant improvement from 2007.

NORTH-LAKE

 SINGLE-FAMILY HOMES                      
Area
2008
2007
% Difference
% Difference
Units Sold
Days
Median Price
Sales Volume
Units Sold
Days
Median Price
Sales Volume
Median Price
Sales Volume
Lincoln Park 8007
397
116
$435,000
$183,581,212
650
98
$399,950
$ 281,620,565
8.06%
-53.40%
See map below ( Totals:
2386
270.50
$295,713
$816,476,059
3453
124.63
$294,994
$ 1,144,605,188
-1%
-58%
 
 
Posted by Jim Gramata on 08/07/2008 04:32 PM   Comments (0)   , , , , , , , , ,  

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Real Estate Agent: Jim Gramata (Gramata Realty Group)
Jim Gramata
Chicago, IL
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Gramata Realty Group

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